Index Trend Analysis Report
Prepared for you on Monday, November 18, 2019.
S&P 1000 Micro (CME:SP1000MICRO)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SP1000MICRO
The long term trend has been UP since Aug 28th, 2019 at 114.01
The intermediate term trend has been UP since Oct 21st, 2019 at 111.59
The short term trend has been DOWN since Nov 11th, 2019 at 113.89
Smart Scan Analysis for SP1000MICRO
Based on a pre-defined weighted trend formula for chart analysis, SP1000MICRO scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||120.7||52wk High Date||2018-08-27|
|52wk Low||101.65||52wk Low Date||2018-02-09|